Overview

Project stage

Detailed description

Welltrado is a scalable blockchain-based platform that seeks to enable investors to buy and sell loans from thousands of different loan providers globally, invest into peer-to-peer lending funds (P2P) and manage investment portfolios that allow investors to earn 6-30% annual return.

Now, Welltrado is launching an initial coin offering, starting in the start of April. The offering will be virtual currency-tokens known as WELLTRADO’s (WTL).

The Welltrado platform is a liberating and powerful toolbox providing the solutions to solving the problems with diversification, cross-border transactions, transparency and the lack of cryptocurency in the market.

Take control using our powerful p2p lending dashboard and manage thousands of loans across platforms, or invest in our flexible p2p fund and learn as you go. Take informed choices by using our rating system to guide you.

Problem

The P2P investment market is a market that is currently experiencing explosive growth. The global market volume reached €109 billion in 2017, with no sign of slowing down.

This expansive growth has presented three major problems:

Difficulties in diversifying and managing investments

Issues with transparency and reputation

No entry for cryptocurrency and lack of crossborder transactions.

Solution

Cross platform loan aggregator with ratings and blockchain

Crypto P2P fund for global cross-border investors

Portfolio management across investment platforms in a single dashboard

Features

The best diversification platform in crypto (project aims to make 1M P2P loan investments available in EU alone)

The P2P asset is built to spread risk (The 500 investments can be spread across marketplaces, countries and a wide range of asset types. This efficiently reduces the investment risks, while still allowing good returns)

Hedge your crypto, drive in and out of crypto, on your terms (Invest any coin. Wait for ideal market, while gaining returns. Withdraw when, and in, any coin you want)

Regulated supply and demand (50% of the fees charged are spent on burning WTL tokens. The tokens we burn is sent to an unspendable address that can be verified transparently, this action takes the tokens out of circulation forever. As a result the community using the platform will positively affect price through deflation.)

Get rid of banks (Your savings are trivial business for banks, and the reason why the returns on your savings account is at best 2.5% annually. Invest in WTLs and gain access to our investment platform)

Invest safely with good data: AI-fueled rating system made trustkess with blockchain (One of the biggests problems for P2P investment industry is lack of a reliable third party to track performance. Using the blockchain Welltrado aims to change that, and give our investors a completely unique investment advantage, not seen anywhere in the P2P investment world)

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Token details

Token symbol
? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. :WTL

Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 65,000,000 WTL

Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Ethereum (ERC20)

Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. :1,500,000 WTL

Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token

Total supply ? Total supply — a total amount of tokens that will be released by the developers. :100,000,000 WTL

Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No

Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :65,000,000 WTL

Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Closed

Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No

Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA

Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :BTC, ETH, LTC,

Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :Austria, Canada, China, Germany, Hong Kong, Singapore, South Korea, USA,

Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :No

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